Best Stock In 2022 Reach Fast

Shares of 5 and 10 rupees also did rich, in 2022 the sweetness of sugar stocks increased like this


The year 2022 is considered very successful for the Indian stock market. A large number of large-cap, mid-cap and small-cap companies have entered the list of multibagger stocks this year. This list also includes some penny stocks. Penny stocks of sugar companies have given returns of up to 300 per cent to investors. Let us know about 5 such penny stocks.

Bajaj Hindustan Sugar: In the last one month, the price of this share has increased from ₹ 14.50 to ₹ 16.60. The company has given about 14.50 percent return to its shareholders during this period. This year the stock has traveled from ₹6.15 to ₹16.60 per share. An overall increase of 170 percent has been registered. Although, at one time this stock was more than Rs 400, but due to the subsequent declines, it has now become a penny stock.

Dharani Sugars & Chemicals: The stock of this company has increased by about 11 percent in the last one month. At the same time, if we talk about six months, there has been an increase of about 230 percent. In a span of one year, this share has increased from ₹ 5.70 to ₹ 21.05.

KM Sugar Mills: This stock has given 12.50 percent return in last one month, whereas in last 6 months, its prices have increased from ₹12.50 to ₹28.30. There has been an increase of about 125 percent in this period. In the year 2021, the price of this sugar company has increased from ₹ 11.90 to ₹ 28.30 per share level. The share price has also gone below Rs 10.

Simbhaoli Sugars: The price of this multibagger penny stock has increased from ₹26.15 to ₹31.20 per stock in last one month. The investors have got around 19.50 per cent returns during this period. In the last 6 months, the stock price has increased from Rs 7.65 per share to Rs 31.20 per share. There was an increase of about 305 percent in this period.
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